SAMIL auctions over 7,900 pre-owned vehicles, assets worth Rs 215 cr

08 Mar 2022 CW Team

Shriram Automall India Limited (SAMIL) told the media that it auctioned over 7,900 pre-owned vehicles and other assets in one day and processed transactions worth over Rs 215 crore from more than 14,500 listings at SAMIL Utsav, its annual auction event.

The company further said that SAMIL Utsav is a phygital format auction conducted on 26 February every year.

According to a statement, more than 14,500 pre-owned vehicles and equipment across various segments like cars, trucks, construction, farm equipment, two and three-wheelers from a full spectrum of sellers across consumers, banks, Non-Banking Financial Companies (NBFCs), insurance companies, Original Equipment Manufacturers (OEMs), dealers, leasing, rental, aggregator firms, and many others were displayed and ramped.

CEO and Director of SAMIL, Sameer Malhotra, said that the company had created history in the pre-owned automobile industry by conducting more than 100 auctions to sell over 7,900 vehicles worth over Rs 215 crore in one day, participated by over 30,000 customers from 500 cities in the SAMIL Utsav.

Image Source

Also read: Shriram Automall closes deal with Ashok Leyland for commercial vehicles

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..